Skip main navigation
Active
  • Price cut: $50K (7/18)
    $799,000

    885 Puma Place, Pagosa Springs, CO 81147

    3beds
    2,894sqft
    : 
    $4,774/mo
    Get pre-qualified
    Stick Built
    Built in 1998
    35.76 Acres Lot
    $771,300 Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Vaulted ceilingsWood-stove backupExpansive windowsHardwood and tile flooringPropane forced-air heatAmple space for gatheringMetal roofing
    Set on 35.76 acres in the Elk Ridge subdivision of Alpine Lakes Ranch, this 2,894 square foot mountain home offers 3 bedrooms and 3 bathrooms with a comfortable, functional layout designed for year-round living. Built in 1998, the home features vaulted ceilings, expansive windows, and an open main living area anchored by a wood stove. The kitchen is well-appointed with granite countertops, a large island with a cooktop, and ample space for gathering. Additional highlights include a detached oversized 2-car garage, metal roofing, hardwood and tile flooring, and a covered porch and deck that extend the living space outdoors. Utilities include propane forced-air heat, a wood-stove backup, a septic system, and water provided by Alpine Lakes Water Company through a cistern system. Starlink internet is in place. Since ownership, meaningful improvements have been completed: new carpet, updated lighting, fresh interior paint, new toilets, smoke detectors, a new water pump, crawlspace moisture barrier and ventilation corrections, along with extensive fire mitigation and drainage work—enhancing both livability and long-term durability. Beyond the home, the land sets this property apart. There’s a certain kind of place you don’t come across often anymore—the kind that feels like Colorado before it was discovered. This property borders the San Juan National Forest, with BLM land stretching beyond it, offering direct access to a vast expanse of wilderness. A trail from the end of the cul-de-sac leads straight into the timber, connecting to an old Forest Service route climbing to the top of Mesa Cortado—where wide-open views stretch in every direction, and Square Top Mountain stands in the distance. The 35+ acres carries a natural spring, usable ground for horses or recreation, and room to live at your own pace. Hunting is permitted on the property and into the surrounding public lands, with HOA-managed access limited to property owners and their guests. The neighborhood is quiet and well-spaced, with a healthy mix of full-time and part-time residents. Roads are maintained through the winter by the Alpine Lakes Ranch POA, and a designated emergency access route provides an additional layer of security and connectivity. This is a place to slow down, spread out, and stay awhile. Not a resort. Not a subdivision feel. It's natural expansive land, forest, and a home that fits right into it. Make your appointment to see this legacy property today!
    89 days
    |
    1,033
    |
    101
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherry Exum-Peterson 970-759-9696,

    Wells Group Real Estate,

    Aaron Peterson 970-903-4566,

    Wells Group Real Estate

    Source: CREN,MLS#: 834090MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Kitchen Island, Separate Dining
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Microwave, Range Top, Refrigerator
      • Laundry: W/D Hookup
      Features
      • Ceiling Fan(s), Granite Counters
      • Flooring: Carpet-Partial, Hardwood, Tile
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Stove
      Interior area
      • Total structure area: 2,894
      • Total interior livable area: 2,894 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Porch, Deck
      Lot
      • Size: 35.76 Acres
      • Features: Borders National Forest, Pasture, Wooded
      Details
      • Additional structures: Garage(s)
      • Parcel number: 614906103008
      • Zoning description: Agriculture,Residential Single Family
      • Other equipment: Satellite Dish
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Stick Built
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Central Water, Cistern

      Community & HOA

      Community
      • Subdivision: Alpine Lakes Ranch-Elk Ridge 2-09 Cnty Code 00008
      HOA
      • Has HOA: Yes
      • HOA name: alpine Lakes Ranch
      Location
      • Region: Pagosa Springs

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $646,940
      • Annual tax amount: $2,760
      • Date on market: 4/29/2026

        Estimated market value

        $771,300

        $733,000 - $810,000

        $3,322/mo

        Price history

        DateEventPrice
        7/18/2026Price change$799,000-5.9%$276/sqft
        Source: CREN #834090 Report a problem
        6/22/2026Price change$849,000-5.1%$293/sqft
        Source: CREN #834090 Report a problem
        6/10/2026Price change$895,000-2.2%$309/sqft
        Source: CREN #834090 Report a problem
        4/29/2026Listed for sale$915,000-8.5%$316/sqft
        Source: CREN #834090 Report a problem
        11/12/2025Listing removed$999,900$346/sqft
        Source: CREN #825181 Report a problem
        9/16/2025Listed for sale$999,900$346/sqft
        Source: CREN #825181 Report a problem
        9/12/2025Contingent$999,900$346/sqft
        Source: CREN #825181 Report a problem
        7/5/2025Price change$999,900-4.8%$346/sqft
        Source: CREN #825181 Report a problem
        6/9/2025Listed for sale$1,050,000+75%$363/sqft
        Source: CREN #825181 Report a problem
        6/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/3/2024Listed for rent$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        1/27/2022Sold$600,000+9.1%$207/sqft
        Source: Public Record Report a problem
        11/29/2021Listed for sale$550,000+98%$190/sqft
        Source: CREN #788883 Report a problem
        11/1/2015Sold$277,777-33.9%$96/sqft
        Source: Agent Provided Report a problem
        5/29/2007Sold$420,000$145/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,361 +5.7%$43,510
        2023$2,234 +0.1%$43,510 +15.3%
        2022$2,232 $37,740 -2.8%
        2021-- $38,820 +12.9%
        2020$1,976 +39.1%$34,370
        2019$1,421 -99.3%$34,370 -6.7%
        2017$201,428 $36,830 -3.5%
        2016-- $38,170
        2015-- $38,170 +57%
        2014-- $24,310 +26%
        2013-- $19,300
        2012-- $19,300 -17.6%
        2011-- $23,420
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81147

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Open Enrollment
        • Middle: Open Enrollment
        • High: Open Enrollment

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes